The Leading Voice of Business in Orange County                                                                                   Tuesday, August 9 , 2016
7% OF US ECONOMY ACTIVELY ENGAGES IN 'SHARING' - OCBC'S FORUM ON INNOVATING BUSINESSES
Almost 200 business, academic, and community leaders attended OCBC's 2016 Economic Development Forum on "Innovating Businesses: The Sharing Economy," Thursday at Hotel Irvine. The forum featured remarks from Congressman Eric Swalwell, D-15, who founded the bipartisan Sharing Economy Caucus; a snapshot of the sharing economy from Dr. Wallace Walrod, Chief Economic Advisor to OCBC; and a panel discussion moderated by Fmr. Mayor of Anaheim, Curt Pringle of Curt Pringle & Associates; and a keynote from Rob Sadow, CEO & Co-Founder of Scoop Technologies Inc. - which is the Bay Area's leading carpooling company. Dr. Walrod discussed that the sharing economy has actually been around for quite some time, but the advent of new technology has exponentially increased this mode of doing business, with 7 percent of the U.S. economy actively participating in it and companies such as Airbnb growing to surpass large mega hotel chains. The panel was comprised of experts from Uber, Lyft, WeWork, AirMap and Expedia/HomeAway/VRBO who discussed how government could work together with private industry in this space to foster innovation, rather than stifle it. Laura Claster Bisesto from Lyft asserted that it's in fact easier for companies to have common sense statewide regulation and are often in favor of it, rather than dealing with a patchwork of different regulations throughout a state. Many thanks to event sponsors Transportation Corridor Agencies, Southern California Association of Governments, The Irvine Company, Cox Communications, and Hughes Marino. For more information, contact Jocelin Jimenez, Economic Development Specialist.  
FREE TRADE IN DANGER OF PRESIDENTIAL GRANDSTANDING ON BOTH SIDES
As the November Presidential Election draws near, both the Republican and Democratic candidates have come out against the Trans-Pacific Partnership (TPP), which OCBC contends is against business interests. Researchers with the Peterson Institute for International Economics estimate that TPP will increase annual real incomes in the United States by $131 billion. They also expect around 650,000 more people to work in export-related jobs (and fewer in lower wage jobs) because of TPP. Republican Presidential Candidate Donald Trump has made it clear that he thinks the U.S. should withdraw from NAFTA and the World Trade Organization, which would allow the U.S. to impose 15 to 45 percent tariffs on imports from China, Mexico and Japan. Several nonpartisan research organizations have warned that these tariffs would cause the loss of up to 4 million American jobs and impose a regressive consumption tax on the typical American family of more than $2,000 annually. CLICK HERE for an article from the U.S. Chamber. For more information, contact Jocelin Jimenez, Economic Development Specialist, or Bryan Starr, Sr. Vice President, Government Affairs. 
CA HOUSING DIRECTOR BEN METCALF AND 'BY-RIGHT' HOUSING PROPOSAL ROUNDTABLE
OCBC hosted a forum and roundtable discussion last Tuesday featuring Ben Metcalf, Director, California Department of Housing and Community Development, as well as other key regional community and business leaders to address Governor Brown's plan to fast track affordable housing approvals and infuse $400 million into affordable housing development. California has built less than 45 percent of the homes needed to adequately house its growing population and 1.5 million households spend more than 50 percent of their income on rent. Forum participants noted, and Metcalf agreed, that $400 million is far short of what is needed to solve the housing crisis, and sustainable funding for housing development is needed. The $400 million is attached to the Governor's "By-Right" proposal, which must be passed by legislators by the end of session this month. By-Right removes project approval uncertainty by allowing developers to construct projects without additional discretionary review as longs as it meets the development standards of the site. CLICK HERE for a story from the OC Register. CLICK HERE to read more. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development.  
OCBC WELCOMES ASSEMBLY MEMBER MIGUEL SANTIAGO, CA-53
On Friday, OCBC's Advocacy and Government Affairs Committee welcomed Assembly Member Miguel Santiago, California's 53rd District. The Assembly Member discussed key issues taking place in the legislature relating to water, housing, transportation, the recent minimum wage increase, poverty issues, and human trafficking. Committee members brought up the necessity to pass legislation modernizing the California Environmental Quality Act. Mr. Santiago said he agreed that CEQA reform is necessary, acknowledging that the act is often used as an impediment to development - causing housing shortages and even blocking homeless shelter construction - rather than for its intended purpose.  He suggested that rather than overarching CEQA reform, it may be a more successful strategy  to look at projects on a case by case basis. He encouraged the committee and all members of the community to continue to have an open dialogue with him on issues key to economic success in the region. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
OCBC TESTIFIES IN SUPPORT OF CA WATER FIX
On Thursday, July 28, OCBC's Bryan Starr, Sr. Vice President, Government Affairs, joined coalition partners from business, labor farmers, water agencies and cities to testify in support of the California Water Fix at the State Water Resources Control Board's hearing. The plan updates the state's aging water infrastructure, which Southern California is highly dependent on with one-third of our fresh water flowing through the Sacramento-San Joaquin Delta. The Delta operates with a series of half-century old levees, which are at risk from earthquakes and floods that would cause saltwater contamination, thereby decimating our clean water supplies. OCBC will continue to work with Gov. Brown and federal representatives to secure our water supply by advancing this crucial project. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
14,000 SO CAL HOMES - AND HOMELESS SHELTER - STOPPED BY CEQA
A recent update to Holland & Knight's "In the Name of the Environment" study found that nearly 14,00 housing units were targeted for California Environmental Quality Act lawsuits in the Southern California region, which is an increase from the initial study period. The updated study covers the 2012 to 2015 period. The biggest targets for CEQA lawsuits are residential (33 percent) followed by public service and infrastructure (14 percent). The report also details a CEQA lawsuit that successfully halted development of a 200-bed homeless shelter in LA. CLICK HERE for the updated study. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 


ATTEND OCBC'S CHAIRMAN'S LEADERSHIP BREAKFAST FEATURING DR. JAMES DOTI - SEPT. 6
Join OCBC for a Chairman's Leadership Breakfast featuring Dr. James Doti, President of Chapman University - a position he's held since 1991. In that time, Chapman has added new buildings, including the award-winning Fish Interfaith Center, world-class faculty and earned a reputation as on of California's preeminent private universities. Don't miss out on this opportunity to hear from one of Southern California's leading executives, interviewed by Tom Phelps, Chair of OCBC's CEO Leadership Caucus!
WHEN: Registration - 7:15 a.m. Program - 8 a.m. a.m.  I  Tuesday, September 6, 2016 
WHERE: The Center Club  I  650 Town Center Drive

For more information, contact Sabra Ritter, Director of Events, at sritter@ocbc.org. 
SPONSORSHIPS OPEN! OCBC TEES UP FOR ITS 2016 GOLF TOURNAMENT - SEPT. 20
Save the date for the premier high-level networking event of the year! OCBC's Annual Golf Tournament offers the C-suite of OC a day of fun in the sun at one of the top golf courses in Southern California designed by Tom Fazio - Oak Creek Golf Club. Promote your company as one of the leading business organizations in the region by becoming a sponsor and treating your colleagues and business partners to day on the course. 

WHEN: Tuesday, September 20, 2016    WHERE: Oak Creek Golf Club  I  1 Golf Club Dr. Irvine, CA 92618
 
SAVE THE DATE! ECONOMIC FORECAST CONFERENCE - NOV. 2
Join OCBC and Cal State Fullerton for the 22nd Annual Economic Forecast Conference on Wednesday, November 2, 2016 at Hotel Irvine. The event will explore the theme "World at a Crossroads: Navigating Risks in Pursuit of an Ideal Climate." The event will feature a keynote from Richard Davis, Chairman, President and CEO, US Bancorp; as well as a forecast from Dr. Anil Puri, Provost and Vice President of Academic Affairs, CSUF, and Dr. Mira Farka, Center for Economic Analysis and Forecasting, CSUF. 

WHEN: Registration - 11 a.m. Program - 11:30 a.m.  I  Wednesday, November 2, 2016 
WHERE: Hotel Irvine  I  17900 Jamboree Rd. Irvine, CA 

LUCY DUNN HONORED BY GIRL SCOUTS OF OC - NOV. 4
Girl Scouts of Orange County has announced its roster of 2016 Celebrate Leadership honorees, which includes OCBC's Lucy Dunn, President and CEO. Recognized for her championship of Girl Scouting and her tremendous contributions to the greater Orange County community, Lucy is among seven extraordinary local female leaders to be honored.  The women will be recognized at the organization's Seventh Annual Celebrate Leadership event on Friday, November 4, 2016 at the Island Hotel in Newport Beach.  Each honoree will be paired with a current Girl Scout, providing the leaders of tomorrow with an opportunity to connect with leaders of today. CLICK HERE to learn more about how to join us in celebrating Lucy and other Orange County female leaders. 
OCBC ATTENDS FWD.US'S DYNAMIC CONVERSATION ON IMMIGRATION
FWD.us and the Internet Marketing Association (IMA) July 26 hosted a special evening of networking and dynamic conversation on national affairs with a focus on immigration reform at the Nixon Presidential Library in Yorba Linda. Representative Mimi Walters (CA-45), led a distinguished panel that included Rob Jesmer, Campaign Manager, FWD.us; Sinan Kanatsiz, Chairman, IMA; Michael Dubin, Founder and CEO, Dollar Shave Club; and Faquiry Diaz Cala, CEO, Tres Mares Group. FWD.us was founded by leaders in the technology community including Mark Zuckerberg, Marissa Mayer and Bill Gates. Its mission is to mobilize the tech community to support policies that keep the American Dream achievable in the 21st century. For more information, contact Delaine Moore, Director of Communications. 
CA EMERGING TECHNOLOGY FUND RELEASES STUDY ON HOME INTERNET USAGE
A recently released study from the California Emerging Technology Fund in partnership with The Field Poll found that the percentage of Californians who have high-speed Internet at home has risen to 84 percent in 2016, up from 55 percent in 2008. The increase in broadband Internet connectivity is due to the growing popularity of mobile and smart phone devices among the state's population, with a near doubling in the proportion of ownership- from 8 to 14 percent. However households earning less than $22,000 a year, adults 65 and older, Spanish-speaking Latinos, those without a high school diploma, and adults with disabilities remain among those who are largely underserved. The issue of lowest-income, least-educated and most-rural Californians living without this important tools to access critical educational, employment, healthcare and civic engagement resources continues to lead to greater economic disadvantages and a diminishing quality of life. For more information, contact Jocelin Jimenez, Economic Development Specialist. 
IRVINE INSPIRED CAPTURES CITY'S SUCCESS STORY AS AN ECONOMIC ENGINE
By night, 250,000 people call the dynamic and diverse city of Irvine home. By day, that number more than doubles. Irvine is the region's job engine, and it's a shiny, high-tech one that attracts a highly educated, highly skilled workforce that swells the city's daytime population to 600,000. Lucy Dunn, OCBC's President and CEO, appeared in a short video that captures Irvine's success story as the Orange County center of innovation, technology and creativity. Irvine hosts 49 of the top 100 publicly traded companies headquartered in Orange County with more than one-third of the companies ranked in the Fortune 500 have corporate presence in the city. CLICK HERE to watch the video. For more information, contact Delaine Moore, Director of Communications. 
SOCAL GAS, ALISO CANYON UPDATE
Southern California Gas Co. released a new public video in late July that shows the eight-step Safety Review Testing Regime established by the state's Division of Oil, Gas and Geothermal Resources. The video demonstrates the types of testing for each of the storage wells intended for operations at the Aliso Canyon storage facility, which must be administered to each well and passed, otherwise the well is shut down. As of July 15, all of the 114 active wells have completed Phase 1 of inspections, 93 have moved on to Phase 2, 18 wells have completed all diagnostics and 15 wells have received final DOGGR approval. The Aliso Canyon storage facility is critical to regional energy reliability as about 60 percent of the electricity generated in California comes from power plants that run on natural gas. During the summer months, that number increases to 75 percent. SoCal Gas continues to work closely with the California Independent System Operator, other agencies and the electric generation customers to monitor supply and adjust operations as needed to optimize reliability. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs.  
MEMBERS IN THE NEWS
POLITICAL CORNER
Please note that these events are listed for informational purposes and are not necessarily endorsed by Orange County Business Council. 

Luncheon to support Congressman John Katko - Monday, August 22
Congresswoman Mimi Walters invites you to an an intimate luncheon to support Congressman John Katko, 24th District of New York from noon to 1:30 p.m. at Antonello Ristorante. CLICK HERE for more information. 
COMMUNITY EVENTS    
Pacific Symphony in Newport Beach - Sunday, August 15
The City of Newport Beach and Pacific Symphony Present: Symphony in the Cities, from 5:30 to 8:30 p.m. Sunday, August 14 at Newport Beach Civic Center. Support for this exciting new community arts event with you donation. CLICK HERE to learn more. 

Anaheim/OC Job Fair Expo 2016 - Wednesday, August 31, 2016
The job fair provide a great opportunity for employers to connect with talented and interested job seekers from 10 a.m. to 3 p.m. Wednesday, August 31, 2016 at the Anaheim Convention Center. CLICK HERE for more details. 

Storytelling Series: Crafting Communications that Connect - September 6 to 20
Orange County Public Relations Society of America and OneOC invite nonprofits to sign up for a six-part series of workshops designed to teach key public relations and communication skills. The workshops range from Developing a Public Relations Plan to Online Marketing, and much more. CLICK HERE for more information about the series. CLICK HERE for nonprofits interested in applying for sponsorships. 

Children's Mental Health: Why it Matters to your Business and our Economy - Tuesday, September 20
CHOC Children's is launching a discussion series for the corporate community focusing on issues critical to children's heath and well-being. Join CHOC Children's for a healthcare forum from 7:30 a.m. to 9:30 a.m. Tuesday, September 20 at Hotel Irvine. This is a free event and breakfast will be served as attendees here from speakers Kimberly Cripe, President & CEO, CHOC Children's; Christopher De Rosa, President, West Region, CIGNA Healthcare; and others. CLICK HERE for more info. 

Opening Doors and Minds Manufacturing Day - Friday, October 7
Join the local Manufacturing Extension Partnership Center for Manufacturing Day, which addresses misconceptions about the manufacturing industry and allow students to connect with manufacturers. Sign up today so that your organization can be recognized! CLICK HERE for more information. 

The Cost of Not Housing - Tuesday, October 11, 2016
Save the date for California Housing Summit "The Cost of Not Housing" from 8 a.m. to 3 p.m. Tuesday, October 11 at LA Hotel. There is a chronic shortage of housing throughout California and major institutions, employers, and startups cite lack of housing options as a serious impediment to recruiting and retaining talent. CLICK HERE for more info. 

Mobility 21 Closing Session Summit - Friday, October 21
Join the Mobility 21 Board of Directors for the summit highlighting "Eyeing LA's Olympic Bid: Accelerating Infrastructure in SoCal, moderated by Doug Arnot, Broadstone Group. CLICK HERE to register for the event. CLICK HERE to sponsor the summit. 

Super Heroes Guild Haunted Halloween Costume Party - Saturday, October 22
Become a gild sponsor member and attend the upcoming costume party from 6 to 11 p.m. at the OC Fair and Event Center to benefit the development of Heroes Hall veterans' memorial. The costume party features dinner, wine, dancing, a silent auction, and costume contest to raise money for the memorial. To learn more about how to donate to Heroes Hall, CLICK HERE.
UPCOMING OCBC COMMITTEE MEETINGS: AUGUST
Notice New Time: Workforce Development 
Wednesday, August 17, 2016  I  8:00 a.m. to 9:30 a.m. 

Community College Working Group
Wednesday, August 17, 2016  I  9:30 a.m. to 10:30 a.m.

Latino Educational Attainment
Friday, August 19, 2016  I  9:00 a.m. to 10:30 

Committee meetings are open to OCBC members and invited guests only. All committee meetings are held at the OCBC offices unless otherwise specified. For more information on upcoming committee meetings for 2016 check out OCBC's Committees. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 
GET CONNECTED ONLINE WITH OCBC 
Do you tweet? Have a Facebook page or surf YouTube? Then follow the latest news and information from OCBCsocial media online. Follow us on Twitter. Like our Facebook page. Tune into our YouTube channel. Check out OCBC's blog: Dunn and Done. Or visit our newest website, LocationOC.com.

If you have questions on how to get connected with OCBC online, contact Delaine Moore, Communications Manager, at 949.794.7220 or dmoore@ocbc.org.
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OC's housing shortage affects workforce and economy
OC's housing shortage affects workforce and economy
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